If you are considering relocating to the Austin area, you may want to consider buying a home in Lakeway. It is one of the best small cities in America and is located on the south shore of Lake Travis just 25 miles west of downtown Austin. The City of Lakeway features 100 acres of parks and hiking trails, 500 acres of greenbelt, tennis courts, a marina, a golf course, a city government, all essential services and public schools that boast well above average scores. New homes in Lakeway are a sought-after commodity in the Austin real estate market.
Lakeway was founded in 1962 by three associates of the Gulfmont Hotel Company. They were given an option to purchase a 2700 acre ranch from a Houston oil man and rancher named Jack Josie. They bought it for the purpose of building a resort community and a hotel. At that time Lakeway Land Company was formed and began to sell real estate in May, 1963. In July the grand opening of the Lakeway Inn and Marina took place. In 1971, Lakeway Land was sold to a Dallas investment group. At this point, 300 homes and 1,000 Acres had been developed. In 1974, a majority of property owners voted to incorporate and became the city of Lakeway.
Life in Lakeway
Lakeway is a robust community of around 15,000 people and growing. It is a growth managed community to ensure that the lake lifestyle it is so well known for continues and it remains a place to get away from the urban hustle and bustle. Lakeway is proud of the accolades it receives for its quality of life. Area publications give them high rankings for best place to live do to their low crime rates, stable housing market, healthy lifestyle and fantastic weather.
Lakeway Real Estate
Because this lakeside community has a reputation as a safe and family-oriented community and it is conveniently located to downtown Austin there is high demand for Lakeway homes for sale. The average listing price for a home in Lakeway is approximately $600,000. One of its most highly-regarded neighborhoods is Rough Hollow, it sits atop limestone cliffs overlooking Lake Travis and is home to the Rough Hollow Yacht Club and Marina. Lakeway residents enjoy many community amenities.
Unemployment in Lakeway is below the Texas average. The city is a convenient commute to major employers in Austin such as eBay, IBM, Intel, Texas Instruments, 3M, Apple Inc, Google, Whole Foods and Dell. The largest employers in Lakeway include Lakeway Regional Medical Center, Lake Travis School District and the Lakeway Resort and Spa.
For families with children in school, Lakeway offers a quality education as it is part of the highly-regarded Lake Travis Independent School District. The Texas Education Agency has listed LISD as an Exemplary School District. Lake Travis High School was named in Newsweek as one of America's best college prep high schools. The district also boasts a championship football team, award-winning music programs and above average SAT scores. University of Texas at Austin, Austin Community College, Concordia University and St. Edwards University are all within 20 mi of Lakeway.
Things to Do In Lakeway
When Lakeway residents are not working or getting an education, they can find plenty to do in and around the city. With more than a dozen public parks and recreational centers there are plenty of opportunities for hiking, sports, picnics and an array of different playscapes for the kids to enjoy. The city-owned Lakeway Activity Center is a multi-use facility and is used as a venue for civic, social and recreational activities. The Heritage Center preserves and promotes Lakeway's history. There are many community events year-round such as movies in the park, Goblin glow, the December Trail of Lights and indoor community garage sale and Big Band Bash.
Shopping can be found at Lohman's Crossing shopping center or the Hill Country Galleria in nearby Bee Cave. The Lakeway Resort and Spa offers many fitness opportunities and wellness services. There are first class medical facilities in and near Lakeway, including The Hospital at Westlake Medical Center, Seton Southwest Hospital and the new Lakeway Regional Medical Center. Lake Travis offers many opportunities for boating fishing swimming and other water sports and activities to the residents of Lakeway.